From Dow Jones Newswires, 16th May at 7.20;

Development of TGT is progressing well, it will start production in August at 55,000 bbls / day.

The full development plan is approved including a second phase of development drilling which will add another 40,000 bbls / day to the TGT output.

I have not previously read about results for the development drilling around TGT, so it may be new news, and the market has not reacted yet. There is also news (which some including me may think is positive) re former serial disappointer TGD: seismic is due to start in July. In Africa, 3 new explo wells are expected , the first on Marine X1 in September.

MadDutch

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